The FCA has published a consultation paper on reviewing the funding of the Financial Services Compensation Scheme (FSCS). The paper sets out ideas and options for discussion about the funding of the FSCS. Among other things, the FCA is considering proposals to make professional indemnity insurance (PII) more effective through the introduction of mandatory terms and changing the limits consumer coverage to reflect pension freedoms. The consultation also suggests specific proposals for rule changes, including extending FSCS protection for certain claims relating to debt management activities, structured deposits and collective investments schemes. Comments are invited by 31 March 2017.